Noble Capital upgraded CoreCivic (CXW) to Outperform from Market Perform with a $25 price target The firm says that with the change in administration and new Congress, CoreCivic is anticipating “significant” growth opportunities, possibly the most significant growth in its history, over the next several years. The company is “exceptionally well positioned” operationally and financially to meet this expected sharp increase in demand for its services, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CXW: